Drivetrain AI, a financial planning and monitoring platform for business growth, has raised $15 million in a new round of funding from Elevation Capital, Jungle Ventures and Venture Highway, the startup said on October 19.

More than 25 angel investors, including Notion co-founder Akshay Kothari, former Google Amit Singhal and Fareye CEO and co-founder Kushal Nahata, also participated in the financing.

The company said the new funding would be used for product development and strengthening the go-to-market team.

Founded in 2021 by former Elevation Capital partners Alok Goel, Tarkeshwar Thakur, and Saurav Bhagat, the platform helps businesses make decisions, enabling finance teams to develop comprehensive plans, budgets, and forecasts, track progress towards their goals, and identify growth bottlenecks.

The platform integrates over 200 popular business tools such as Salesforce, Netsuite, Quickbooks, Workday and Looker. “Drivetrain is like Google Maps in terms of business growth. It helps with planning, notifies you if you’re on track, and simplifies route corrections,” said Goel, CEO.

Many leaders manage business plans and multi-million-dollar budgets on tedious and error-prone spreadsheets. It’s impossible to measure business health and apply course corrections in real-time on a spreadsheet. He claims the drivetrain helps make better, more confident decisions in days rather than months – a key strategic advantage.